19/02/2014
TECHNICALS : FBMKLCI- A pause between the 20-day and 50-day MA lines.
" Major stocks advancers among the FBM KLCI component stocks included Petgas (+RM0.20, +0.87%), PPB (+RM0.20, +1.26%), and Petdag (+RM0.22, +0.72%). Major stock decliners included SKPetro (-RM0.06, -1.34%), Genting (-RM0.08, 0.77%), and KLK (-RM0.28, -1.17%). Total market value traded was RM2.30bn.
What to expect on Wednesday (19 Feb 2014) ? The analysis of overall daily market action on 18 Feb 2014 revealed that buying power was weaker than selling pressure. As such, the FBM KLCI would likely trade below the 1,822.68 on 19 Feb 2014. "
www.theedgemalaysia.com/business-news/275996-technicals-fbmklci--a-pause-between-the-20-day-and-50-day-ma-lines-.html
KUALA LUMPUR (Feb 19): The FBM KLCI had on 18 Feb 2014 traded within the previous day’s range to form an inside day bar. In the absence of supportive buying interest, the benchmark index held its position near the low end throughout most of the trading sessions before settling at 1,825.24 (-2.24, -0...